Estimate regression equation by computing values of b0 and b1/ Econometrics
The following data were collected on the height (inches) and weight (pounds) of women swimmers where height is the independent variable and weight is the dependent variable.
Height (x) = 68, 64, 62, 65, 66
Weight (y) = 132, 108, 102, 115, 128
Develop the estimated regression equation by computing the values of b0 and b1. What do the intercept and slope of this line tell you about the relationship between height and weight?
